president obama wants to raise revenue by taxing those making $250,000 or more a year. it rises from 33% and 35% today to 36% and 39.6%, i believe. but that would only generate about 85 billion a year. according to the treasury department, the federal government spends that amount every eight 1/2 days. do you think that the point is purely political for the president since that's what he campaigned on? >> that is what speaker john boehner said, is that washington has a spending problem, not a tax problem. but speaker john boehner has a political problem in that their party's guy lost the election. there is no doubt about it that the math on both sides, they are far apart. and if you add up all the revenue that will only last of eight days of funding the federal government. but there has to be compromise. republicans will have to give some ground on taxes, whether it's 800 billion, or 1.6 trillion, maybe 1.2 trillion or in that range. of course whatever deal they reach they have to get the votes for, and that's just the beginning. this fiscal cliff deal if they reach one